YGG Yield Guild Games

Yield Guild Games Overview

Yield Guild Games is a decentralized autonomous organization (DAO) that combines elements of decentralized finance (DeFi), non-fungible tokens (NFTs), and play-to-earn (P2E) gaming within the metaverse economy.

Key Use Cases

• Investment in NFTs: Yield Guild Games invests in NFTs used in blockchain-based games, such as Axie Infinity, The Sandbox, and League of Kingdoms, to create a network of players and investors who help each other grow in the NFT gaming space.
• Community Building: The platform builds a community of gamers and investors who collaborate to maximize their in-game profits by renting and using community-owned NFT assets.
• Revenue Generation: Yield Guild Games generates revenue through various mechanisms, including scholarships (lending NFTs to guild members for a portion of the in-game rewards), land ownership (revenue from non-guild members conducting economic activities on Yield Guild’s in-game land), and NFT appreciation (the increase in value of NFT assets on the open market).
• Governance: The YGG token allows holders to participate in the governance of the YGG DAO, including voting on decisions regarding technology implementations, products, projects, token distribution, and governance structure.
• Staking and Rewards: YGG holders can stake their tokens in vaults to earn rewards from specific components of the guild’s revenue stream, such as Axie breeding programs or other NFT rental programs.
• Payment and Exclusive Content: The YGG token is used to pay for services on the network and can unlock exclusive content on the YGG Discord channel.

Token Utility

• YGG Token: The YGG token is an ERC-20 token with a 1 billion maximum supply. It is used for governance, staking, rewards, and payment within the Yield Guild Games ecosystem.
• Distribution: 45% of the total supply is set aside to be distributed to users gradually over four years to support the community.

Ecosystem Expansion

• SubDAOs: Yield Guild Games is made up of multiple SubDAOs, which are groups of players from specific NFT games or geographical locations, each with their own set of rules to manage the activity and assets of the respective play-to-earn game.
• Asset Management: The YGG DAO manages a variety of game-related NFTs, digital assets, and virtual land parcels, which members use to create greater earnings through a revenue-sharing model.

Pros of Yield Guild Games

• Community and Ecosystem: Yield Guild Games is a decentralized autonomous organization (DAO) that fosters a community of gamers and investors, creating a robust ecosystem around play-to-earn games and NFTs.
• Revenue Streams: It offers multiple revenue streams, including scholarships (lending NFTs to guild members), land rentals, and NFT appreciation, providing diverse income opportunities.
• Token Utility: The YGG token has various uses, such as rewards for in-game activities, revenue sharing from NFT rentals, payment for services, governance participation, and staking for exclusive perks.
• Growth Potential: With a focus on expanding its portfolio of NFTs from promising games, Yield Guild Games has significant growth potential in the evolving GameFi sphere.
• Innovative Smart Contracts: The project has developed in-house smart contract architecture to efficiently manage NFT ownership and rentals, reducing costs and enhancing user experience.

Cons of Yield Guild Games

• Market Volatility: The value of YGG tokens and NFTs can fluctuate significantly, impacting the overall profitability of investments.
• Dependence on Game Success: The success of Yield Guild Games is heavily dependent on the popularity and longevity of the games it invests in, which can be unpredictable.
• Centralized Rental Process: Despite the use of smart contracts, the rental process for NFTs is currently centralized, which may limit scalability and flexibility.
• Complexity: The business model and token economics of Yield Guild Games can be complex, making it challenging for new users to understand and participate.
• Regulatory Uncertainty: The regulatory environment for NFTs and DAOs is still evolving, which could pose future challenges for Yield Guild Games.

Founders of Yield Guild Games

Yield Guild Games was founded by three individuals who are passionate about gaming and blockchain technology.

• Gabby Dizon: A gaming veteran with a long history in game development, starting with his involvement in creating the first game out of the Philippines in 2003. He later founded Altitude Games, a mobile game startup, and became deeply involved in the NFT and crypto space from 2017 onwards.
• Beryl Li: Co-founder of Yield Guild Games, who joined Gabby Dizon in building one of the largest web3 gaming guilds.
• Owl of Moistness: The third co-founder, who maintained anonymity even during significant funding rounds, such as the $4.6M investment from Andreessen Horowitz (a16z).

Key Investors in Yield Guild Games

• Top Venture Capital Firms: Andreessen Horowitz (a16z), Delphi Ventures, DWF Labs, Animoca Brands, Mechanism Capital, ParaFi Capital, Sfermion, Fabric Ventures, and IDEO CoLab Ventures are among the prominent investors.
• Other Notable Investors: Hashed, Sui Network, The Spartan Group, Neoclassic Capital, Big Brain Holdings, Arena-Z, BreederDAO, Krafton, and several others have also invested in Yield Guild Games.
• Strategic Partnerships: Yield Guild Games has strategic partnerships with various gaming and blockchain companies, further expanding its network and investment base.

Investment Potential

Yield Guild Games is considered a promising investment by many experts due to its unique concept and growing popularity in the play-to-earn and NFT gaming sectors.

• Unique Concept: Yield Guild Games is a decentralized autonomous organization (DAO) focused on investing in non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. This innovative approach aims to create the biggest virtual world economy, optimizing community-owned assets for maximum utility and sharing profits with token holders.
• Growing Popularity: The project has gained significant attention since its inception in 2020, founded by Gabby Dizon, Beryl Li, and Owl of Moistness. Its mission to onboard millions of people into the play-to-earn revolution has resonated with many in the crypto community.
• Community Engagement: The organization's model, which includes establishing subDAOs for specific games and allowing community members to vote on game mechanics, encourages active participation and potential for shared profits.
• Long-term Projections: Various analysts predict that Yield Guild Games will see significant growth in the coming years, with some forecasts suggesting it could reach new highs by 2026 and beyond.

Expert Opinions

• Bullish Sentiment: Many technical indicators and expert analyses indicate a bullish sentiment towards Yield Guild Games, suggesting it is a good time to invest.
• Future Projections: Experts predict that Yield Guild Games will continue to grow, with some forecasts suggesting it could reach $2.49 by the end of 2026 and potentially higher in subsequent years.

Investment Considerations

• Market Volatility: Like all cryptocurrencies, Yield Guild Games is subject to market volatility, which can lead to significant price fluctuations.
• Long-term Focus: Investors should consider a long-term perspective when investing in Yield Guild Games, as short-term market movements can be unpredictable.
• Diversification: It is essential to diversify your investment portfolio to mitigate risks associated with any single investment.

Halal Status of Yield Guild Games

• Halal Status: Yes
• Reason: Yield Guild Games is considered halal because it operates as a decentralized autonomous organization (DAO) focused on investing in various games, which does not inherently conflict with Islamic finance principles. The staking mechanism in Yield Guild Games, where users lock up their tokens to earn rewards, is seen as a form of investment in a blockchain project that supports socially productive activities, making it permissible under Islamic law.